Bhutan, after prioritizing happiness, now faces an existential crisis

Bhutan, the tiny kingdom that introduced Gross National Happiness to the world, has a problem: young people are leaving the country in record numbers. The country boasts free health care, free education, a rising life expectancy and an economy that’s grown over the last 30 years — still, people are leaving. Prime Minister Tshering Tobgay […]

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Indian businesses, tourism in peril as trade with Bangladesh declines

Thousands of Indians business in Kolkata are seeing a loss of livelihood after halting visa registrations to India and banning Bangladesh citizens from their businesses. At a meeting of the Free School Street Traders Association, traders blamed the alleged ongoing “emergency” in Bangladesh would force many of their businesses to shut down, says Telegraph India. […]

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ADB approves $100m more loan for infrastructure development in Bangladesh

The Asian Development Bank (ADB) has approved an additional $100 million loan to support critical infrastructure development through public-private partnerships (PPP) in Bangladesh. “The loan will enhance the financial and institutional capacity of the Bangladesh Infrastructure Finance Fund Limited (BIFFL) to deliver its mandate of fostering an environment that supports sustainable private investments through the […]

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South Korean President Banned from Traveling

South Korean President Yoon Suk-yeol has been banned from traveling abroad. The matter was confirmed by an official from the country’s Justice Ministry on Monday. With this announcement, a South Korean president is the first to fall under this ban. This information was reported by Reuters on Monday. The South Korean president faced impeachment after […]

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China targets Nvidia with antitrust probe, escalating US chip tensions

China said on Monday it has launched an investigation into Nvidia Corp over suspected violations of the country’s anti-monopoly law, in a move widely seen as a retaliatory shot against Washington’s latest curbs on the Chinese chip sector. The statement from the State Administration for Market Regulation (SAMR) announcing the probe did not elaborate on […]

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EU countries renew pledge to support Bangladesh’s interim government

Ambassadors and diplomats of European Union countries yesterday renewed their support for Bangladesh’s interim government in its democratic transition and efforts for carrying out vital reforms. The EU countries announced their support when they joined an interactive session with Chief Adviser Muhammad Yunus at his office in Tejgaon, Dhaka, according to a press release by […]

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Arakan Army seizes Myanmar junta’s last stronghold in area bordering Bangladesh

The ethnic army launched the Maungdaw offensive in late May, taking six months to gain complete control of the township. Myanmar insurgent group Arakan Army (AA) has taken complete control of the country’s 270-kilometer-long border with Bangladesh after seizing Maungdaw Township yesterday (8 December), reports The Irrawaddy. The ethnic army reported that it captured the […]

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China’s leaders vow more ‘relaxed’ monetary policy in 2025

The world’s second-largest economy is battling sluggish domestic consumption, a persistent crisis in the property sector and soaring government debt — all of which threaten Beijing’s official growth target for this year. Chinese President Xi Jinping and other top leaders said today (9 December) they would adopt a more “relaxed” approach to monetary policy as […]

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